Franklin North Carolina Tax-Free Income Fund

Average Annual Total Returns [further-information] As of 12/31/2018

Month EndAs of 02/28/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 3.42 1.44 2.43 3.77 5.32
Fund with Sales Charge (%) (POP) 3.42 1.44 2.43 3.77 5.32
Bloomberg Barclays Municipal Bond Index (%) 4.13 2.28 3.44 4.56 5.87
Quarter EndAs of 12/31/2018 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 09/01/1987
Fund without Sales Charge (%) (NAV) 1.36 1.42 2.90 4.26 5.31
Fund with Sales Charge (%) (POP) 1.36 1.42 2.90 4.26 5.31
Bloomberg Barclays Municipal Bond Index (%) 1.28 2.30 3.82 4.85 5.86

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 1.36 1.66 1.25 1.66 8.78 -6.58 7.00 11.39 0.95 17.05
Fund with Sales Charge (%) (POP) 1.36 1.66 1.25 1.66 8.78 -6.58 7.00 11.39 0.95 17.05
Bloomberg Barclays Municipal Bond Index (%) 1.28 5.45 0.25 3.30 9.05 -2.55 6.78 10.70 2.38 12.91

Cumulative Total Returns [further-information] As of 12/31/2018

Month EndAs of 02/28/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 1.04 3.42 4.38 12.78 44.83 411.22
Fund with Sales Charge (%) (POP) 1.04 3.42 4.38 12.78 44.83 411.22
Bloomberg Barclays Municipal Bond Index (%) 1.30 4.13 7.00 18.45 56.12 503.36
Quarter EndAs of 12/31/2018 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 09/01/1987
Fund without Sales Charge (%) (NAV) 1.36 1.36 4.33 15.38 51.80 405.94
Fund with Sales Charge (%) (POP) 1.36 1.36 4.33 15.38 51.80 405.94
Bloomberg Barclays Municipal Bond Index (%) 1.28 1.28 7.07 20.61 60.60 495.65

After-Tax Average Annual Total Returns [further-information] As of 12/31/2018

Month EndAs of 02/28/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 3.42 1.44 2.43 3.77
Fund without Sales Charge (%) (NAV) After Shares Sold 3.34 1.89 2.70 3.83
Fund with Sales Charge (%) (POP) Before Shares Sold 3.42 1.44 2.43 3.77
Fund with Sales Charge (%) (POP) After Shares Sold 3.34 1.89 2.70 3.83
Quarter EndAs of 12/31/2018 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 1.37 1.42 2.90 4.26
Fund without Sales Charge (%) (NAV) After Shares Sold 2.11 1.89 3.09 4.25
Fund with Sales Charge (%) (POP) Before Shares Sold 1.37 1.42 2.90 4.26
Fund with Sales Charge (%) (POP) After Shares Sold 2.11 1.89 3.09 4.25

SALES CHARGE, EXPENSES & FEES As of 09/10/2018 (updated annually)

Gross Expense Ratio 0.56%
Net Expense Ratio [further-information] 0.56%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 02/28/2019 Updated Monthly, based on a 3-year period

Sharpe Ratio 0.13
Standard Deviation 2.34

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Bloomberg Barclays Municipal Bond Index

You need Adobe Acrobat Reader 6.0 or higher to view and print PDF documents. Download a free version from Adobe's website.